$1 Billion Just Printed by Tether Treasury on the TRON Network
Tether, the largest stablecoin issuer in the world, has once again printed a large amount of funds. This time, $1 billion USDT has just been printed at Tether Treasury and distributed through the TRON network. This printing was detected by various blockchain trackers and immediately caught the attention of the crypto community.
According to an official statement from Tether's CTO, this printing is a "reserve supply" that will be used to meet market demand and increasing liquidity in the TRON ecosystem. USDT on the TRON network is widely known for its low transaction fees and high transfer speeds, making it popular for trading and cross-border transfers.
This move has reignited discussions about transparency and Tether's influence on the overall crypto market, given that USDT plays a crucial role as a stable currency in digital trading.
Nevertheless, Tether emphasizes that every unit of USDT printed is always backed by equivalent and verifiable reserve assets.
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